Blockchain Scalability Dilemma Explained – Bitcoints

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Published on June 10th, 2018 | by bitcoin

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Blockchain Scalability Dilemma Explained

Blockchain Scalability Dilemma ExplainedSimilarly, Ethereum’s scalability issues were made very clear when the viral success of CryptoKitties slowed down the entire Ethereum network.
Scalability, in the context of blockchain architecture, can be looked at alongside ideas of decentralization and security, to form what Vitalik Buterin described as the ‘scalability trilemma’.
The scalability trilemma indicates that blockchain systems can only possess two of the following properties:
Decentralization is a core tenant upon which the majority of this community is built.
Even proposals made to tackle blockchain scalability again fall prey to the issues raised by the scalability trilemma.
Images courtesy of Pexels, Flickr/TechCrunch, Shutterstock
The post Breaking Down the Blockchain Scalability Trilemma appeared first on Bitcoinist.com.

Source: Digitalmoneytimes.com

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